Linde reports Q3 2020 results


Linde CEO Steve Angel has a confident business outlook despite an uncertain environment as the industrial gas giant publishes its third quarter (Q3) results today (5th Nov).

“Linde employees once again delivered a strong quarter with operating profit margins expanding 230 basis points and EPS growing 11%, reaching a record of $2.15,” Angel said.

“This high level of profitability combined with disciplined capital management resulted in further expansion of our ROC to approximately 13%.”

Angel added, “Looking ahead, there is significant uncertainty in the environment, but regardless of the underlying economy, I have confidence in our business model and high-performance culture to continue growing earnings and cash flow for years to come.”

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